The global mobile camera module market analyst says Positive response for the dual camera technology among consumers will force other smartphone vendors to adopt the technology, driving growth in the global mobile camera module market.

Pune, Maharastra -- (SBWire) -- 01/21/2016 --According to the Global Mobile Camera Module Market 2015-2019 report, the growing popularity of social networking applications is the key driver for the growth of this market. Recently, it has been observed that the usage of apps like Facebook, Instagram, WhatsApp, Snap chat, and Twitter has increased rapidly. Consequently, this has encouraged the smartphone and tablet vendors to integrate high-quality cameras into their devices, which in turn is expected to attract customers and result in market growth during the forecast period.

Complete report on mobile camera module market spread across 55 pages, analyzing 5 major companies and providing 32 data exhibits is now available at http://www.reportsnreports.com/reports/456413-global-mobile-camera-module-market-2015-2019.html.

Market outlook of the global mobile camera module market
A camera module is integrated into devices like cameras, smartphones, tablets, laptops, automobiles, and gaming consoles and consists of a lens module, an image sensor chip, and a module case. The global market for mobile camera modules is expected to show healthy growth during the forecast period and is positively affected by factors like the rapid growth of the electronic devices market. The increasing implementation of camera modules in devices like smartphones and laptops is expected to result in its impressive CAGR of more than 15% by 2019.

The growing popularity of social networking applications is the key driver for the growth of this market. Recently, it has been observed that the usage of apps like Facebook, Instagram, WhatsApp, Snap chat, and Twitter has increased rapidly. Consequently, this has encouraged the smartphone and tablet vendors to integrate high-quality cameras into their devices, which in turn is expected to attract customers and result in market growth during the forecast period. Order a copy of Global Mobile Camera Module Market 2015-2019 report @ http://www.reportsnreports.com/Purchase.aspx?name=456413.

Segmentation by application and analysis of the mobile camera module market –Smartphones, Laptops and Tablets

In the mobile camera module market research report, market research analysts estimate the smartphone industry segment to be the highest revenue-generating segment during the forecast period. This sector is envisaged to account for more than 91% of the total market revenue by 2019 and critical factors like the advent of dual cameras in mobile devices is predicted to foster market growth during the forecast period.

Geographical segmentation of the mobile camera module market
The market research analyst estimates the APAC region to account for the largest market share during the forecast period. This region is estimated to generate a revenue of USD 13 billion by 2019 and factors like the augmented shipment of smartphones and tablets are envisaged to bolster the prospects for growth in this region during the forecast period.

Key players in the Global Mobile Camera Module Market: Cowell, LG Innotek, SEMCO, Sharp and Sunny Optical Technology

Other Prominent Vendors in the market are: Lite-On, Partron, Foxconn, Chicony Electronics, Toshiba, STMicroelectronics, and Omnivision.

Further, the report states that the failure to understand the end-user market results in huge loss of revenue to camera module vendors and also enables competitors to enter the market. Camera modules that can be integrated with various products will find better market.

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